The ministry said MSME Minister Jitan Ram Manjhi and the Minister of State for MSME Shobha Karandlaje will also “dedicate…
The global supply chain finance market was valued at Rs 50,000 crore in 2021 and is projected to reach Rs…
Even today, many financial institutions (FIs) are driven by processes that favor companies with a history of high credit scores,…
According to the details from the MSME Ministry’s dashboard as of May 2, 2024, 5,871 companies having turnover of more…
Balwaan Krishi said the capital will be used to strengthen its brand, enhance marketing efforts, support working capital needs, and…
The firm said it is targeting investment in 25-30 seed-stage startups in the year in sectors including B2B SaaS, healthtech,…
Fintech’s contribution to MSMEs’ empowerment will likely increase, with the Indian fintech sector predicted to reach $150 billion by 2025.
Founded in 2018 by Aashka Goradia, Priyank Shah, and Ashutosh Valani, the company said it has more than 200 products…
The new solution will leverage authentic data sources including ITR, GST returns, and bank statements to underwrite loans quickly.
The sector continued to see growth with a 26 per cent jump in gross loan portfolio to Rs 4.42 lakh…
The company said it will use the capital for financing of an additional 200 MW of business solar projects and…
Unlike equity financing, non-dilutive options allow businesses to secure funding without sacrificing ownership stakes or diluting existing shareholders’ interests.
Currently, traders including wholesale and retail traders are limited to raising bank credit under priority sector lending norms and hence…
The co-lending deal is part of Ashv Finance’s focus on growing co-lending partnerships for lending to MSMEs.
In terms of asset quality, Aye Finance claimed net NPAs (non-performing assets) under 1 per cent of the loan book.
Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma allows users to rapidly create, manage…
Astrotalk said it will deploy the latest capital towards growing its offerings in regional languages and formats, increasing its global…
Implementation of new payment processes to comply with the 45-day MSME payment rule may require consumer tech companies to update…
The Indian government’s incentives have attracted electronics and semiconductor manufacturers to invest Rs 3 trillion in capital expenditure over 5 years. The potential market of $500 billion by 2030 has led to companies setting up shop for domestic and export demand. Major companies like Foxconn and Vedanta Group have also invested due to the production-linked incentive scheme.